Webus International Limited (NASDAQ:WETO) Short Interest Update

Webus International Limited (NASDAQ:WETO) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 13,022 shares, a drop of 41.5% from the January 15th total of 22,261 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 11,191 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 11,191 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Webus International in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Webus International Price Performance

NASDAQ:WETO opened at $0.47 on Friday. Webus International has a twelve month low of $0.45 and a twelve month high of $4.30. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.66. The company’s 50-day moving average price is $0.77 and its 200-day moving average price is $1.36.

Webus International Company Profile

Webus International Ltd. operates as a holding company. It engages in the provision of mobility solutions with artificial intelligence augmented online support and itinerary management support. The firm offers commute shuttle, customized chartered bus, packaged tour, and other services to customers. The company was founded on February 10, 2022 and is headquartered in Hangzhou, China.